Honest Money Warren Ingram
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- Business
Your personal guide to financial freedom, hosted by the bestselling author and award-winning financial planner, Warren Ingram.
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Unlocking Financial Efficiency: Phasing In Investments and Using Access Bonds
On today's episode Warren Ingram teaches us how to strategically phase in your investments, minimize fees, and maximize interest earned. Warren also answers your questions on using an access bond as an emergency fund for guaranteed, tax-free returns at high interest rates. TakeawaysStrategically phasing in investments to avoid unnecessary feesManaging transaction costs effectivelyHow to maximize interest earned during the phase-in periodHow to minimize transfer fees (fixed and percentag...
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Tax Smart: Rethinking Provident Fund Withdrawals
In this episode Warren Ingram delves into the retirement fund reform, which introduces a two-pot system to lower the tax burden when cashing in provident funds upon resignation. It segregates funds into a compulsory portion, locked until retirement, and a savings pot accessible during emergencies. While the reform doesn't alter the investment strategy, it modifies fund accessibility. TakeawaysThe retirement fund reform aims to address the issue of high taxes when cashing in a provident fund.T...
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Election Promises vs. Retirement Realities: What to Know
In this episode, Warren Ingram explores the topic of prescribed assets and their potential effects on retirement funds. He delves into their historical context during the apartheid era and clarifies that the ANC's manifesto is distinct from official policy, recommending that investors hold off on modifying their retirement strategies until concrete government policies are announced.TakeawaysPrescribed assets refer to the concept of forcing retirement funds to invest in specific government bon...
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Inside ETFs: Choosing Between Active and Passive
Warren Ingram and Chris Rule dive into the world of exchange-traded funds (ETFs), exploring their transformation from simple index trackers to actively managed portfolios. They break down the benefits of using ETFs for diversified investing, discuss the differences between active and passive ETF strategies, and highlight key considerations like costs and transparency. TakeawaysETFs allow investors to access a diversified basket of shares or bonds through a single investment on their stockbrok...
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Balancing Acts: Navigating Parenthood and Careers in Personal Finance
In today's episode Warren Ingram and Ess Mukumbo discuss the challenges of balancing work and parenting. They emphasize the importance of planning, communication, having a support system in place and the guilt that parents often feel and the need to prioritize and make trade-off decisions. TakeawaysBalancing work and parenting is a constant juggling act that requires planning and communication.Having a support system in place is crucial for managing work-life balance.Guilt is a common feeling...
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Investment Insights: The Role of Dividends in Authentic Profitability
In this episode Warren Ingram explores the strategic advantages of dividend investing and its role in ensuring financial discipline within corporations. Warren speaks to contrast dividends with share buybacks, highlighting how dividends are tied to real cash flow and profits, offering investors a more transparent measure of a company's financial health. TakeawaysBenefits of Dividends: Dividends as indicators of real profits and financial discipline & why focusing on dividends can enhance ...